U.S.
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
12b-25
NOTIFICATION
OF LATE FILING
SEC FILE
NO. 000-49724
CUSIP
NUMBER 004507109
(Check
One):
o Form
10-K o
Form 20-F o Form
11-K x
Form 10-Q
o Form 10-D o Form
N-SAR o
Form N-CSR
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For
Period Ended:
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June
30, 2008
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o
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Transition
Report on Form 10-K
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o
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Transition
Report on Form 20-F
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o
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Transition
Report on Form 11-K
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o
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Transition
Report on Form 10-Q
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o
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Transition
Report on Form N-SAR
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For the Transition Period Ended:
____________________
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Read Attached Instruction Sheet Before
Preparing Form. Please Print or Type.
Nothing in this form shall be construed
to imply that the Commission has verified any information contained
herein.
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If the notification relates to a
portion of the filing checked above, identify the Item(s) to which the
notification relates:
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Part
I -- Registrant Information
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Full
Name of Registrant
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Acies
Corporation
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Former
Name if Applicable
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N/A
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Address
of Principal Executive Office
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14
Wall Street, Suite 1620
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(Street and
Number)
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New
York, New York 10005
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City,
State and Zip Code
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Part
II -- Rules 12b-25(b) and (c)
If the subject report could not be
filed without unreasonable effort or expense and the registrant seeks relief
pursuant to Rule 12b-25(b), the following should be completed. (Check
box if appropriate)
ý (a) The
reasons described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense;
ý (b) The
subject annual report, semi-annual report, transition report on Form 10-K, Form
20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on
or before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof,
will be filed on or before the fifth calendar day following the prescribed due
date; and
o (c) The
accountant's statement or other exhibit required by Rule 12b-25(c) has been
attached if applicable.
Part
III -- Narrative
State below in reasonable detail the
reasons why Forms 10-K, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition
report, or portion thereof, could not be filed within the prescribed time
period. (Attach Extra Sheets if Needed)
The registrant has experienced delays
in completing its financial statements for the quarter ended June 30, 2008, as
its auditor has not had sufficient time to audit its financial statements for
the year ended March 31, 2008, which are needed to review its financial
statements for the quarter ended June 30, 2008. As a result, the registrant is
delayed in filing its Form 10-Q for the quarter ended June 30,
2008.
Part
IV -- Other Information
(1) Name
and telephone number of person to contact in regard to this
notification.
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Oleg
Firer
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Chief
Executive Officer
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(800)
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361-5540 |
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(Name
and Title)
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(Area
Code)
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(Telephone
Number)
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(2) Have
all other periodic reports required under Sections 13 or 15(d) of the Securities
Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during
the preceding 12 months or for such shorter period that the registrant was
required to file such report(s) been filed? If answer is no, identify
report(s).
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Yes
x No
The
Registrant’s independent Directors conducted a review of the Registrant’s recent
financing as well as the Registrant’s procedures for expense reimbursements,
which review was required to be completed prior to the Registrant’s auditor
auditing the Registrant’s March 31, 2008 financial statements, and which review
was not completed until on or around July 16, 2008. Effective July
24, 2008, the Registrant’s then independent auditor resigned from the Registrant
and the Registrant engaged a new independent auditor on or around July 28,
2008. The Registrant’s new auditor has not had sufficient time to
audit the Registrant’s March 31, 2008 financial statements and as such, and as a
result of the other factors described above, the Registrant has not been able to
obtain audited financial statements for the year ended March 31, 2008, and as a
result, has been unable to file its Form 10-KSB for the year ended March 31,
2008, to date. The Registrant is currently working with its newly
engaged independent auditor to complete its Form 10-KSB filing for the year
ended March 31, 2008.
(3) Is it anticipated that
any significant change in results of operations from the corresponding period
for the last fiscal year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
o Yes ý No
If so: attach an explanation of the
anticipated change, both narratively and quantitatively, and, if appropriate,
state the reasons why a reasonable estimate of the results cannot be
made.
Acies
Corporation
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(Name of
Registrant as Specified in Charter)
has
caused this notification to be signed on its behalf by the undersigned thereunto
duly authorized.
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Date: August 12,
2008
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By: /s/ Oleg
Firer
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Name: Oleg
Firer
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Title: Chief
Executive Officer
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INSTRUCTION: The
form may be signed by an executive officer of the registrant or by any other
duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
-----------------------------------------------ATTENTION---------------------------------------------
Intentional misstatements or omissions
of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001)
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GENERAL
INSTRUCTIONS
1. This
form is required by Rule 12b-25 of the General Rules and Regulations under the
Securities Exchange Act of 1934.
2. One
signed original and four conformed copies of this form and amendments thereto
must be completed and filed with the Securities and Exchange Commission,
Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and
Regulations under the Act. The information contained in or filed with
the form will be made a matter of public record in the Commission
files.
3. A
manually signed copy of the form and amendments thereto shall be filed with each
national securities exchange on which any class of securities of the registrant
is registered.
4. Amendments
to the notifications must also be filed on Form 12b-25 but need not restate
information that has been correctly furnished. The form shall be
clearly identified as an amended notification.
5. Electronic
Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic
difficulties. Filers unable to submit a report within the time period
prescribed due to difficulties in electronic filing should comply with either
Rule 201 or Rule 202 of Regulation S-T (§232.201 or §232.202 of this chapter) or
apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T
(§232.13(b) of this chapter.